Chain-free four-bed HMO near university; strong rental yield and tenant in situ..
Licensed HMO; sold with sitting tenants
A ready-made HMO investment in a strong student catchment, this four-bedroom mid-terrace is sold with sitting tenants and no onward chain. The property is licenced as an HMO and currently achieves £1,240 pcm (includes water and Wi‑Fi), giving around a 9.93% gross yield at the asking price. Recent improvements include a renewed kitchen; the property benefits from mains gas combi boiler, double glazing and fast broadband.
Accommodation is arranged over multiple storeys with one bathroom serving four double bedrooms and a small ground-floor living room. The south-facing rear garden is modest but useable; the plot and overall house size are both small. Constructed before 1900 with exposed stone/brick elevations, walls are assumed uninsulated — an energy-improvement opportunity reflected in the current EPC D (potential C).
Location is the key attraction: walking distance to the University of South Wales and local train stations, close to Treforest and Pontypridd town centres and local amenities. The immediate neighbourhood is a cosmopolitan student area with private-renting newcomers; wider area indices show high deprivation, which supports rental demand but may limit capital uplift.
Practical considerations: the house has one shared bathroom for four tenants and some assumed fabric and insulation upgrades would improve EPC and tenant appeal. Sold freehold and chain free, this is a hands-off income purchase for an investor seeking an HMO in a proven student market, with clear scope for value-added energy improvements or layout tweaks to boost returns.